A note on "macroeconomic policy in a two-party system as a repeated game"

Game Theory;Elections;Econometrics

Endogenously determined price rigidities

Game Theory;Price Theory;Voting

Rigidity of prices, the generic case?

Prices;General Equilibrium;econometrics

A Note on "Stability of Tâtonnement Processes of Short Period Equilibria with Rational Expectations"

In Hens (1997), a new adjustment process is proposed for a setting with reopening spot and asset markets. He argues by means of an intemporal variant of Scarf's example that this process is more stable than the other processes, although in general it might be more stable or less stable. This note gives further evidence showing that Hens's process is indeed more stable. The results contradict some of the arguments of Hens (1997), which are corrected.Tatonnement;stability;rational expectations;general equilibrium

On the representation of admissible rationing schemes by rationing functions

General Equilibrium;Rationing;econometrics

On the connectedness of the set of constrained equilibria

Equilibrium Theory;Econometrics